SpreadEx, globally known in the “Forex Broker”, “Spread betting” and “Crypto currency CFD” system, has been interesting a lot of traders since 1999. The company intends to expand its activities, by setting up a separate online sports betting service. Today, SpreadEx refers to both a fixed odds and spread betting site, which is what makes the platform so unique. On that note, let’s take a closer look at what it’s really worth.
As a bookmaker, SpreadEx is licensed in the UK by the regulatory body Gambling Commission. On the other hand, all casino betting conducted within SpreadEx but outside the UK is licensed, regulated and approved by the trade association NetEnt Alderney Limited, which itself holds the AGCC Class II license no. 084. These documents are sufficient evidence of SpreadEx’s reliability and experience in the online betting industry.
As part of its development, SpreadEx has developed a dedicated application for the Android and iOS operating systems. This is one of the main advantages of the operator’s mobile service. The program provides access to all the services and features of the site. No matter where the user is located at any time of the day, they will be able to enjoy in-play and ante post betting via their smartphone or tablet.
The process of creating an account with SpreadEx is not complicated and is done digitally. Once you are on the homepage, start by clicking on “Create an account”. The registration form should contain the following data: title, first and last names, e-mail, user name, password, country of residence and nationality. Next, specify whether you wish to receive notifications about new offers from SpreadEx. You must also agree to the terms and conditions and confirm that you are 18 years old. Press the “Continue” button to continue the registration process.
For the rest of the required information, you will need to provide your contact details, including date of birth, information about your professional status and trading experience. It also involves answering some questions to assess your financial and trading knowledge. Next, choose the currency of the account and click on “Create your account” to complete the registration. It is very important to note that your account will be subjected to verification and will require the uploading of documents, including a copy of one of your identity documents (passport or ID card), along with a proof of address (bank statement or utility bill). According to a survey, the check may take more than 48 hours.
Bonuses and promotions
To reward new sign-ups, SpreadEx is offering them a particularly generous welcome bonus on the best Premier League odds. For a minimum first deposit of £25, you can get up to £35 as a free bet. By betting on a fixed odds bet, you’ll win five £5 bonus bet tokens, spread over the 5 days of the week. For a spread bet, the winnings are more substantial. With two £5 chips in hand, you have the opportunity to receive cashback, up to £300. Of course, the terms and conditions apply. In any case, it would be best to read the details posted on the homepage so that you’re fully up to speed. Some of the interesting promotions offered by SpreadEx include first goalscorer insurance and referral programmes. To see the full list of offers, open the sports section and click on “Promotions”.
SpreadEx’s sports catalogue features more than 30 betting events, with a particular focus on football, horse racing and basketball. Other items include tournaments on table tennis, cricket, rugby, volleyball and rare sports. Currently, the spread betting section contains over a hundred markets, with a wide range of options. If you are not familiar with this type of betting, SpreadEx has prepared a demo account to help you understand the process. Be careful though, find out all you can about it before you start betting. The reason is simple, betting big could increase your losses even more, but after all, the ambitious say that whoever risks wins.
For the full satisfaction of the customers, the bookmaker has integrated the live streaming system. Thanks to this feature, users will have the advantage of watching the progress of the available sports broadcasted live. To take advantage of this, you need to have an active account and place a bet on an event. Additional features include live streaming, Quick Markets, Bet Builder and Cash out. In addition, the bet creation service, withdrawal options and quick markets are all combined in the deferred and fixed odds betting area.
SpreadEx accepts various different methods to guide you through your financial transactions. Here are the solutions offered, whether you want to top up or retrieve money from your account:
- Visa, MasterCard, Switch, Maestro ;
- Cheque ;
- Bank transfer.
The processing time varies from 2 to 5 working days, depending on the payment option.
According to sources, SpreadEx does not support payments from e-wallets. For those who wish to make an online payment via the mobile website or a smartphone, please go to the “Account” section. You can also deposit your funds by phone, using the specified number.
SpreadEx offers help via its customer support. The only drawback is that it does not provide a permanent service. Nevertheless, you can count on a very competent and responsive team. You can choose between the following means of communication :
- Live chat, which is faster and gives you answers in just a few minutes;
- Telephone, using the contact details displayed;
- E-mail, by sending your message to the address indicated on the web page.